Oil natural gas

Name

Professor

Course

Date

Oil and Natural Gas : Its Effects to America and the Global Economy

Oil and natural gas have a very important role in the lives of almost all people in the world . These have been the primary source of energy that fuels the technological civilization that exists at the present Its importance could be seen in the everyday lives of most individuals The moment someone wakes up in the morning and read the news up to the time that same person would sleep in the comforts of

his /her home the utilization of petroleum products are present . The news is produced out of ink coming from oil as well as the printing machine that is operated by the same means of energy . Similarly , oil-operated machineries also create the various infrastructures like the houses people live in . Furthermore , even computers , which are widely used today in terms of government services and even in mere personal purposes , are run by electricity coming from natural gas

According to Pfeiffer , the present civilization is built on oil and that economic progress will continue as long as there is a continuous supply of this energy . This is also the reason why the volatile and fluctuating prices of oil and natural gas affect numerous countries as well as its citizens . Its status in the international market has implications in the economies of countries like the United States of America and basically , the whole world

Oil and natural gas that are the backbone of this society 's economy has a long history behind it . These sources of energy come from the earth 's ground as either solids , liquids , or gases . Crude oil or petroleum is liquid source of energy that is considered as a commercial fossil fuel Natural gas as well as propane comes in gaseous form . Coal , on the other hand is a solid form of energy (Nonrenewable Energy

These energy sources are formed in the earth millions of years ago when it was still covered by water . Combine remains of animals and tiny plants that are layered together with sand and mud are also present During the time that the earth underwent drastic changes , intense amount of heat and pressure were present , which have been the caused for these fossils to turn into hydrocarbons . Basically , what are simple remnants of plants and animals have turned into valuable deposits of crude oil and natural gas inside the crust of the earth (Discover the wonders of natural gas

Natural gas is often defined as a combustible , gaseous mixture made up of simple hydrocarbons . It is a very light portion of petroleum that includes both natural gas as well as crude oil . Natural gas often rise through the surface by means of natural openings in the earth 's crust or it can be brought to the surface by man-made wells . Thousand of years ago , it was discovered that this gas could be burned and be utilized for heat and light . At present , natural gas is...